The Fool's Look Ahead

By Rick Aristotle Munarriz March 15, 2008 Comments (0)

8 Recommendations

Monday
While Eliot Spitzer steps down as governor of New York, the new trading week starts with companies trying to step back up. WCI Communities (NYSE: WCI) reports its fiscal fourth-quarter results.

Don't expect it to be pretty. WCI became the poster child for the real estate boom, as it went about enhancing its homebuilder business by erecting huge condo buildings along Florida's coastline. It's no surprise to see those same posters being ripped to shreds as WCI's condo cranes quietly weep.

WCI is looking to post its fifth consecutive quarterly loss come Monday morning. Investors will want to know when the company will begin operating profitably again.

Tuesday
GameStop (NYSE: GME) comes to play on Tuesday. The leading video-game retailer -- a popular Stock Advisor recommendation -- has thrived during the latest generation of gaming consoles. Folks buying pricier Wii, PS3, and Xbox 360 consoles are also paying more for new games. Perhaps more important is that diehard gamers typically sell old games and gear to GameStop during upgrade cycles. That is actually a higher-margin business at GameStop than new sales are`.

Analysts expect GameStop's earnings to climb 31% higher to $1.12 a share for the quarter that fell during the holiday season. That may seem like an aggressive goal, but the retailer has topped Wall Street's profit targets in each of the past four quarters.

Wednesday
How immune will hot Chinese companies be in a global slowdown? Wednesday could offer some clues as China Mobile (NYSE: CHL) and Nepstar (NYSE: NPD), a leading drugstore chain, step up. 

Thursday
FedEx (NYSE: FDX) delivers on Thursday. The market expects earnings to dip slightly at the overnight-delivery pioneer. Profits also declined during the company's fiscal second-quarter report three months ago.

Satellite-radio fans looking for a little overseas appeal may tune in to see what international operator WorldSpace (Nasdaq: WRSP) has to say on Thursday, too.

Friday
Markets are closed in observation of Good Friday. That doesn't mean financial news won't bubble up to the surface, because business never sleeps. Still, if you hear bells, they won't be market-trading bells.

Until next week, I remain,

Rick Munarriz

Get the best of the Fool delivered to your inbox every Friday

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 599373, ~/articles/articlehandler.aspx, 7/24/2008 7:19:57 AM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Related Tickers

China Mobile Ltd. (ADR)

CHL Up! $71.01 +1.26 (+1.81%) 4:03 PM
CAPS Rating:
2826 Outperforms
90 Underperforms
Rate This Stock

Major Indices

S&P 5001,282.19+0.41%
DJIA11,632.38+0.26%
RSL 2K719.19+0.33%
NASD2,325.88+0.95%
Updated: 4:02:47 PM
Sponsored by:

The Motley Poll

What company will see the next Bear Stearns-style implosion?

Sponsored by: